Sezzle (NASDAQ:SEZL) Price Target Raised to $360.00 at Northland Securities

Sezzle (NASDAQ:SEZL) had its price objective boosted by Northland Securities from $300.00 to $360.00 in a research note issued to investors on Thursday morning,Benzinga reports. Northland Securities currently has an outperform rating on the stock.

Separately, B. Riley upped their price objective on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd.

Sezzle Stock Up 2.3 %

NASDAQ:SEZL traded up $5.55 during trading hours on Thursday, reaching $248.87. The company’s stock had a trading volume of 48,794 shares, compared to its average volume of 92,376. The stock has a 50 day moving average price of $308.89 and a two-hundred day moving average price of $180.86. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40. The company has a market capitalization of $1.40 billion, a P/E ratio of 26.48 and a beta of 9.23. Sezzle has a 12 month low of $15.00 and a 12 month high of $477.52.

Insider Transactions at Sezzle

In other news, Director Paul Paradis sold 4,026 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $400.00, for a total value of $1,610,400.00. Following the sale, the director now directly owns 68,846 shares of the company’s stock, valued at $27,538,400. This represents a 5.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Paul Martin Purcell sold 9,808 shares of Sezzle stock in a transaction dated Monday, September 30th. The shares were sold at an average price of $170.43, for a total value of $1,671,577.44. Following the transaction, the director now owns 91,833 shares of the company’s stock, valued at $15,651,098.19. The trade was a 9.65 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,448 shares of company stock valued at $7,470,923 in the last quarter. 57.65% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sezzle

Several institutional investors and hedge funds have recently bought and sold shares of SEZL. Covestor Ltd purchased a new position in shares of Sezzle during the third quarter worth $38,000. SG Americas Securities LLC acquired a new stake in Sezzle in the third quarter valued at approximately $165,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Sezzle during the 3rd quarter worth $188,000. MetLife Investment Management LLC lifted its holdings in Sezzle by 129.2% during the 3rd quarter. MetLife Investment Management LLC now owns 1,446 shares of the company’s stock worth $247,000 after buying an additional 815 shares during the last quarter. Finally, Verition Fund Management LLC acquired a new position in shares of Sezzle during the 3rd quarter worth about $274,000. 2.02% of the stock is currently owned by institutional investors and hedge funds.

Sezzle Company Profile

Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.